The following table reconciles net income, the most comparable GAAP financial measure, to Adjusted EBITDA.

EVI Industries, Inc.

Condensed Consolidated Earnings before Interest, Taxes, Depreciation, Amortization, and Amortization of Stock-based Compensation (in thousands)

Unaudited

Unaudited

Unaudited

Unaudited

9-Months

9-Months

3-Months

3-Months

Ended

Ended

Ended

Ended

03/31/2026

03/31/2025

03/31/2026

03/31/2025

Net Income

$

4,970

$

5,401

$

753

$

1,041

Provision for Income Taxes

2,142

2,536

547

669

Interest Expense, Net

2,958

1,717

959

565

Depreciation and Amortization

5,990

4,734

2,028

1,627

Amortization of Stock-based Compensation

3,963

3,428

1,320

1,165

Adjusted EBITDA

$

20,023

$

17,816

$

5,607

$

5,067